Reports of Cases Decided in the Supreme Court of the State of Indiana Volume 7

Reports of Cases Decided in the Supreme Court of the State of Indiana Volume 7

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1889 edition. Excerpt: ...and at such times as the president and directors of the Wabash Railroad Company may direct. Witness our hands, this-i day of i." The statute also provided that the corporation should have all powers "incident to corporations at common law," &c. The "subscription," in this case, contained the words required by the statute. It also contained some additional stipulations, not inconsistent with those words, which it was competent for the parties to enter into under the common law power to contract. If those stipulations had been upon a separate paper, they could not have been objected to. Why should they, then, when upon the same paper? It can not be supposed that the company was to be restricted, as to its power of contracting, to the one contract contained in the statute. The statute does not so read. We think the subscription was valid. The remaining question is upon the power to consolidate. In the charter of the Evansville and Illinois Railroad Company, the state reserved the right to permit other companies to connect with that road, without specifying the 412 character of the connection, and the charter of the Wabash Railroad Company contains the following sections: "SEO. 26. And whereas, by the 35th section of the act to incorporate the Evansville and Illinois Railroad Company, approved January 2, 1849, it is provided as follows: 'That full right and privilege is hereby reserved to the citizens of this state and the state of Illinois, or any company hereafter to be incorporated under the authority of either of said states, to connect with the said railroad hereby provided for, at such convenient point as may-be selected by said company last mentioned, provided said connection shall more

Product details

  • Paperback | 280 pages
  • 189 x 246 x 15mm | 503g
  • United States
  • English
  • black & white illustrations
  • 1236791266
  • 9781236791269